This form is a Quitclaim Deed where the Grantor is an individual and the Grantees are two individuals. Grantor conveys and quitclaims the described property to Grantees. The Grantees take the property as tenants in common. This deed complies with all state statutory laws.
Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common is a legal document used to transfer ownership of a property in Miami-Dade County, Florida between an individual owner and two other individuals as tenants in common. This type of deed is commonly used for real estate transactions where multiple owners want to hold an undivided interest in the property. Keywords: Miami-Dade Florida Quitclaim Deed, individual owner, two individuals, tenants in common, property transfer, ownership, real estate transactions, undivided interest. There are multiple types of Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common, including: 1. Joint Tenancy with Right of Survivorship: This form of ownership grants the right for the surviving owner(s) to automatically inherit the deceased owner's share of the property. 2. Tenancy in Common: In this type, each owner holds a distinct and separate share of the property, which may be of unequal percentages. Upon the death of one tenant, their share will not automatically transfer to the surviving tenant(s). Instead, the deceased owner's share will pass to their heir(s) or beneficiary as defined in their will. 3. Fractional Ownership: This type of ownership enables each individual owner to have a specific percentage interest in the property. For example, one owner may hold a 60% interest, while the other holds a 40% interest. 4. Proportional Ownership: With this type, the ownership percentages are predetermined and fixed. For instance, one owner may have a 70% interest, while the other holds a 30% interest in the property. 5. Co-Tenancy: This type of ownership allows each owner to possess an equal share of the property. If one owner wants to sell their interest, they may do so without requiring the permission of the other owner(s). It is important to consult with a qualified real estate attorney or title company to ensure that the appropriate type of Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common is selected based on the individual circumstances and goals of the property owners.Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common is a legal document used to transfer ownership of a property in Miami-Dade County, Florida between an individual owner and two other individuals as tenants in common. This type of deed is commonly used for real estate transactions where multiple owners want to hold an undivided interest in the property. Keywords: Miami-Dade Florida Quitclaim Deed, individual owner, two individuals, tenants in common, property transfer, ownership, real estate transactions, undivided interest. There are multiple types of Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common, including: 1. Joint Tenancy with Right of Survivorship: This form of ownership grants the right for the surviving owner(s) to automatically inherit the deceased owner's share of the property. 2. Tenancy in Common: In this type, each owner holds a distinct and separate share of the property, which may be of unequal percentages. Upon the death of one tenant, their share will not automatically transfer to the surviving tenant(s). Instead, the deceased owner's share will pass to their heir(s) or beneficiary as defined in their will. 3. Fractional Ownership: This type of ownership enables each individual owner to have a specific percentage interest in the property. For example, one owner may hold a 60% interest, while the other holds a 40% interest. 4. Proportional Ownership: With this type, the ownership percentages are predetermined and fixed. For instance, one owner may have a 70% interest, while the other holds a 30% interest in the property. 5. Co-Tenancy: This type of ownership allows each owner to possess an equal share of the property. If one owner wants to sell their interest, they may do so without requiring the permission of the other owner(s). It is important to consult with a qualified real estate attorney or title company to ensure that the appropriate type of Miami-Dade Florida Quitclaim Deed — Individual to Two Individuals as Tenants in Common is selected based on the individual circumstances and goals of the property owners.